Summary of account activity Wk ending 10/23 – risk and margin reduction via diagonal roll downs

Majority of trades on Friday were diagonal roll downs. AMZN, DOCU, PTON, BYND all had significant drops. DXCM had a good week which helped offset losses in other stocks. We rolled many of strike prices down to ITM/ATM strikes due to uncertainty heading into the election. The market is forecasting high volatility immediately after the election so we are being conservative with our call pricing. It has been a good year and hanging onto the gains is more important than taking risk over the next couple of weeks. Rolling down generates credits which reduce margin and risk in the accounts.

Schwab general account was down .2% for the week. 10 of 11 positions are profitable. We opened a new position in REGN (Regeneron) which is negative. 5 of the 11 positions are more profitable due to the options. Current positions are carrying net profit of $657,406.

Schwab 401 account was -1% for the week. 11 of the 12 positions are profitable. A new position was established in REGN this week and is negative. Overall current positions are carrying net profit $115,585. 8 of the 11 positions are more profitable due to the options.

IB account hit a new high this week. Account was up .7% on the week. 5 of the 7 positions are profitable. Only one of the positions is more profitable due to contribution from options. Overall current positions are carrying net profit of $115,585.

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